FOMC - Fomo agrees to buy Smartsolution Technologies

Fomo (OTCPK:FOMC) to acquire SMARTSolution Technologies (SST) , a Pittsburgh-based audio-visual systems integration company that pioneered the use of interactive whiteboards in the classroom over the last 25 years.  The financial terms are not disclosed. SST is a multi-million-dollar revenue company that does business throughout the state of Pennsylvania, West Virginia and Ohio, and through this acquisition hopes to broaden its reach to other states.  SST currently has a $2.5M dollar backlog of contracts that are expected to close during the first quarter of 2022.

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Fomo agrees to buy Smartsolution Technologies